Magazines
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Aldar awards Yas Acres early works contract to Bauer
Awarding of $42m package falls within six months of project’s launch, in compliance with new real estate law . Aldar Properties has...
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Abu Dhabi project to have world’s tallest indoor climbing wall
Developer Miral says $100m ‘Clymb’ development on Yas Island was 35% complete as of the beginning of October. A futuristic attraction housing...
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Dubai’s Nakheel reports 22% profit hike for Q3
Developer of the Palm Jumeriah says it made a net profit of $260m during the third quarter. The Dubai developer Nakheel has...
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Moving mountains: How the UAE’s highest road was built
Take the high way: Volvo CE and FAMCO on how building the country’s highest road (up its tallest mountain) was a unique...
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Caterpillar chairman and CEO to retire in 2017
Company elects Jim Umpleby as next CEO and Dave Calhoun as non-executive chairman in place of outgoing Doug Oberhelman. Caterpillar has announced...
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Manitowoc Cranes awards Elite Dealer status to Kanoo Machinery for Saudi operations
Dealer becomes fourth in region to achieve designation that recognises excellence in sales and service standards. Manitowoc has awarded Elite Dealer status...
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Trojan Holdings managing director calls for more opportunities for young Emirati engineers
Hamad Al Ameri says local construction companies need to do more for young Emirati engineers. Young Emirati construction professionals need to be...
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Saudi construction sector ‘faces slowdown in 2017’
Private sector has delivered over 70% of construction awards in 2016, bucking the trend in previous years – David Clifton. Saudi Arabia’s...
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Work starts on Doha Metro underground stations – report
Transport sector contributes significantly to Qatar’s national economy, says ministry official. Works on several of the underground stations of the Doha Metro...
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Construction sector woes ‘pose risk to Saudi banks’
Reduced number of projects and rising debts to lead to more nonperforming loans, Moody’s warns. The increasing number of challenges faced by...